Sentence examples for barrel price increase from inspiring English sources

Manipulating an increase of a mere dollar per barrel price increase on the commodity exchange would add $900 million to BP's annual bottom line.

The price of light crude fell $4.02 to $132.66 a barrel following the fuel price increase announcement.

No one really knows, for example, whether it would take a $5-a-barrel or a $10-a-barrel 10-a-barrel 10-a-barrelhe economy into recession.

Oil prices are up more than 40percentthis yearandand have risen $9 a barrel since Dow's earlier price increase.

The ensuing cleanup frenzy was so intense that the government ran out of barrels, creating a black market that increased the barrel price fivefold.

Saudi spare capacity is the "global cushion" for oil supply, and even the possibility that it could drop to 1.5 million barrels per day or below jolts markets and increases the barrel price, especially given doubts about Saudi capacity.

Accusations led the attempt by lawmakers to wrench an explanation for the price increase to over $130 per barrel.

But other OPEC countries, which sell 25 million barrels daily, gain more than $50 million a day as a result of the $2 price increase.

Last year, a paper in Nature co-authored by Sir David King, the UK government's former chief scientific adviser and currently the government's climate change envoy, concluded that a "tipping point" in the global oil supply had been reached since 2005, with global conventional production hitting a ceiling of around 75 million barrels per day (mbd) despite price increases of 15% a year.

Along with $100-a-barrel oil today, he points to price increases for other commodities, like wheat, which has surged recently.

Below $15 per barrel, the rate is zero; it then increases, as crude price increases.